where is the ann, page-9

Goldi ; Any HPAL Ni project is a $Billion dollar venture due to economies of scale necessary so this has always been a farm in venture waiting on high Ni prices .
You are correct grades are not as high as some other projects there are ways to benificate grades up or its possible areas of the project have higher grades that can be mined first which would improve the project NPV.

It comes down to if you believe in the project and management or not at present management have been lack lustre IMHO As for the chineese its just as likely the Swiss are interested in it to.
I dont hold this stock due to present management